Strategic interactions and belief formation: An experiment

Journal article: Traditional models of belief formation in repeated games assume adaptive players who do not take strategic interactions into account. We find that these approaches are limited in the sense that people think more strategically and realize that, in contrast with the classical view, their own actions are likely to influence their opponents' behaviour.

Author(s)

Kyle Hyndman, Antoine Terracol, Jonathan Vaksmann

Journal
  • Applied Economics Letters
Date of publication
  • 2010
Keywords JEL
D01 D8
Keywords
  • Behaviour
  • Games
Pages
  • 1681-1685
Version
  • 1
Volume
  • 17